Ally Financial

Senior Accountant - Insurance

Ally Financial$70K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in Accounting or a related field
  • CPA (or equivalent) and/or MBA preferred
  • Strong public accounting background is highly favored
  • Advanced proficiency in MS Excel (pivot tables, v-lookups)
  • Familiarity with Workday software
  • Strong work ethic and self-motivation
  • Effective oral and written communication skills
  • Proficient in data organization and independent analysis
  • Capable of leading small projects or contributing to larger initiatives

Responsibilities

  • Assist in preparing quarterly and year-end financial statements (10-Q/10-K) under NAIC principles
  • Support improvements in control operations to mitigate deficiencies
  • Analyze and reconcile complex accounts, addressing discrepancies
  • Supervise and train direct reports, conducting performance evaluations
  • Identify potential process improvements
  • Gather financial materials from various enterprise groups
  • Incorporate review comments into financial statements
  • Provide analytical accounting support to internal partners
  • Resolve accounting issues through appropriate channels
  • Ensure compliance during audits

Benefits

  • 20 paid time off days plus 11 paid holidays and 8 volunteer hours annually
  • Robust 401K plan with matching contributions and educational savings options
  • Tuition reimbursement and access to a financial coach
  • Comprehensive health insurance options and well-being programs
  • Adoption, surrogacy, and fertility assistance with paid parental leave
  • Employee Assistance Program for mental health and wellness
  • Potential for travel allowances, relocation assistance, and signing bonuses
Full Job Description
The Opportunity
This Senior Accountant will be a member of Ally's Controller's Team. Reporting to the Director or Manager, the position will be responsible for assisting in the preparation of the consolidated financial statements of a public company and key responsibilities include gathering information from the various groups, pulling the information into the quarterly and annual financial statements and working thru the various levels of review from a number of business owners
The Work Itself
  • Assist in the preparation of the quarterly and year-end financial statements (10-Q/10-K) and under NAIC accounting principle.
  • Support qualitative improvements in control operations to reduce /eliminate control deficiencies.
  • Analyze and reconcile more complex accounts, researching discrepancies and taking action to ensure accounts are balanced.
  • May have supervision responsibility, which would include providing training and development to direct reports and performance evaluation.
  • Provide insight into potential process improvements.
  • Coordinate with a number of groups across the enterprise in gathering all the necessary materials.
  • Participate in gathering the review comments and making any necessary changes to the financial statements.
  • Assist in analytical accounting support to the internal business partners.
  • Assists in the resolution of accounting problems thru the appropriate channels leaders, to aid in the understanding of accounting activities.
  • Drive audit compliance within the areas for which you are responsible.


The Qualifications We're Looking For

  • 3+ years work experience in Accounting or related field with general technical accounting and/or functional skills for area of expertise.
  • CPA (or equivalent) and /or MBA.
  • Strong preference to public accounting experience.
  • Advanced MS Excel skills (pivot tables, v-lookups, etc.).
  • Workday experience.
  • Exhibit a strong work ethic and high degree of self-motivation.
  • Sound oral and written communication skills.
  • Ability to organize data, perform independent analysis, and provide explanations/conclusions to management.
  • Ability to work with limited supervision while applying previous experience to execute all but the most complex tasks.
  • Ability to lead small projects or contribute meaningfully to larger projects.
  • Comfortable interacting with other personnel in group or support staff from other departments; may interact with other internal and external personnel (i.e., external auditors, regulators) on specific projects or more complex tasks, usually under supervision.

How We'll Have Your Back
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).

Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.

Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.

Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.

Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Other Compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.

To view more detailed information about Ally's Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

Base Pay Range
$70,000.00 - $120,000.00
An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.

Incentive Compensation:

This position is eligible to participate in our annual incentive plan.

About Ally Financial

Ally Financial Careers

Joining Ally Financial means becoming part of a team committed to growth, innovation, and leadership. As a leading digital financial services company, we offer a range of job opportunities that empower professionals to excel in their careers. At Ally Financial, we believe in fostering a culture that embraces diversity, encourages professional development, and supports our team members through comprehensive benefits and a nurturing environment.

Work You’ll Do

At Ally Financial, you will collaborate with some of the brightest minds in the industry. Our team is dedicated to redefining the financial landscape through innovation and top-tier financial solutions. Whether you are looking for a position in finance, technology, customer service, or management, Ally Financial provides a platform where your skills will be honed and your professional aspirations realized.

Explore Our Job Opportunities

We are constantly expanding our team and looking for new talent who are passionate, curious, and driven. Explore our wide range of open positions from entry-level to senior leadership roles. Ally Financial values the unique perspectives and experiences each team member brings, making us stronger and more innovative.

Internship Programs

Kickstart your career with an Ally Financial internship. Our programs provide invaluable industry exposure, professional skills development, and a chance to network with leaders across the company. Internships at Ally Financial are your gateway to understanding the financial sector from the inside out and gaining hands-on experience that complements your academic learning.

Employee Benefits and Culture

Ally Financial is committed to the well-being and continuous growth of our employees. We offer robust benefits including health, dental, and vision insurance, retirement plans, and generous paid time off. Our culture is centered around inclusivity, respect, and collaboration, making Ally Financial a great place to work.

Professional Development and Training

We invest in our employees through ongoing professional development and leadership training programs. At Ally Financial, you have access to a variety of training resources and workshops designed to enhance your job performance and leadership capabilities. Our commitment to your growth is reflected in our efforts to ensure all team members are equipped for success in an ever-evolving financial landscape.

Diversity and Innovation

Diversity is at the core of our operations and strategic initiatives. At Ally Financial, we are dedicated to creating an environment where diverse ideas and perspectives lead to innovative solutions. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone’s contribution is valued.

Join Our Team

Are you ready to advance your career at a company that values your skills and offers the opportunity to work on transformative projects? Search Ally Financial jobs that match your skills and interests. We are looking for creative, solution-driven team players who are ready to make an impact.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here at Ally Financial. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await you at Ally Financial.

Apply Now

Ready to take the next step in your career? Submit your resume, complete your application, and prepare for an interview where you can showcase your unique abilities. At Ally Financial, your future is waiting.
Learn more about Ally Financial
Size
10,500 employees
Market Cap
$6.9 billion
Industry
Net Income
$1 billion
Founded
2017
5 Year Trend
+0.8%
NASDAQ

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